Repub­lic has dear­est booze and cigs in EU

Belfast Telegraph - Business Telegraph - - News - BY EL­LIE DON­NELLY

THE Repub­lic of Ire­land was the most ex­pen­sive coun­try in the EU for al­co­holic bev­er­ages and to­bacco in 2016, with prices roughly 75% higher than av­er­age.

The UK and Fin­land com­pleted the top three most ex­pen­sive coun­tries in the EU for al­co­hol and to­bacco.

At the other end of the scale, al­co­hol and to­bacco were cheap­est to pur­chase in Bul­garia, with prices ap­prox­i­mately 44% lower than the EU av­er­age, ac­cord­ing to con­sumer price level data from Euro­stat.

The high­est prices for food were to be found in Den­mark in 2016, where food cost al­most 50% more than the EU av­er­age. Swe­den and Aus­tria com­pleted the top three coun­tries in the EU food prices in­dex.

Ire­land was the sixth most ex­pen­sive place for food prices — 20% more than the EU av­er­age. Price lev­els were low­est in Poland where food cost an av­er­age of 40% less than the EU av­er­age.

The high­est price dis­per­sion across the var­i­ous sec­tions can be found for al­co­holic bev­er­ages and to­bacco, ac­cord­ing to Euro­stat. This is mainly due to large dif­fer­ences in tax­a­tion on these prod­ucts across the 28 mem­ber states.

The UK was the most ex­pen­sive of the EU coun­tries for hous­ing costs in 2016, with prices ap­prox­i­mately 60% higher than the EU av­er­age.

In­cluded in the hous­ing costs are rental costs, wa­ter prices, elec­tric­ity and fuel.

Lux­em­bourg, which was the most ex­pen­sive of the EU coun­tries for fur­ni­ture (at 22% higher than the EU av­er­age), was the sec­ond most ex­pen­sive coun­try in the EU for hous­ing cost prices, while Den­mark com­pleted the top three.

Ire­land came in as the fourth most ex­pen­sive coun­try for hous­ing cost prices — with prices ap­prox­i­mately 42% higher than the EU av­er­age in 2016.

Much less dis­per­sion is ap­par­ent in cloth­ing and footwear where Swe­den was the most ex­pen­sive coun­try, with goods in this cat­e­gory cost­ing over 35% more there than the EU av­er­age.

The least ex­pen­sive coun­try for cloth­ing and footwear was Bul­garia, where prices were just 20% less ex­pen­sive than the EU av­er­age.

In com­mu­ni­ca­tions, which in­cludes the cost of the postal ser­vice, tele­phone, and in­ter­net costs, Ire­land was the sec­ond most ex­pen­sive coun­try in the EU, com­ing in just be­hind Greece. The UK com­pleted the top three most ex­pen­sive EU coun­tries for com­mu­ni­ca­tions.

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